In brief: Indonesian digital advertising firm nets funding from Alpha JWC

Indonesian digital media advertising platform Target Media Nusantara (TMN) has received an undisclosed series A funding from Alpha JWC Ventures.

The platform was set up in the middle of this year by China-based Focus Media Group as part of its expansion efforts into Indonesia. TMN aims to be a market leader in the country’s indoor digital media advertising sector.

By the end of 2018, TMN plans to install 900 advertising screens in 200 buildings in the greater Jakarta area. To date, it has 450 screens installed in 104 buildings.

Source: Press release